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Grocery and Convenience Store Retail
For Sale
Contact for pricing
Pending

2800 US-60, Morehead, KY 40351

For sale retail property leased to an investment-grade tenant with a corporate guarantee from Dollar General Corp.

Property SizeContact for details
Days on Market120

Property Features for 2800 US-60

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Matthews
Listed By: Kevin Bettinger · License #CA 02168242
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 6 at 7:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews

Investment Insights

Based on property information with market context.

This for-sale retail property is leased to an investment-grade tenant rated (S&P: BBB) and supported by a corporate guarantee from Dollar General Corp. (NYSE: DG).

The offering is described as a grocery and convenience store retail asset within the commercial retail space category.

No additional building, unit, or site details were provided with this listing information.

Key Highlights

  • Retail property leased to an investment‑grade tenant with an S&P: BBB rating
  • Corporate guarantee provided by Dollar General Corp. (NYSE: DG)

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Auto Parts Store Real Estate Agency Big Box & Wholesale Store Grocery & Convenience Store Auto Repair Shop Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

108
Businesses Nearby
13k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
6,295 visits/mo 0.2 miles
Caseys Shops & Services
6,256 visits/mo 0.5 miles

Demographics for 40351, KY

22,305
Population
9,497
Households
2.3
Avg Household Size
33
Median Age
27%
College-Educated
88%
High-School Grad
268.2 sq mi
ZIP Area
83
Density / Sq Mi
$51,110
Median Household Income
$26,278
Median Earnings
$775
Median Rent
$163,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - For sale retail property leased to an investment-grade tenant with a corporate guarantee from Dollar General Corp.
Where is this grocery and convenience store located?
The property is located at 2800 US-60 Morehead, KY.
What are key features of this property?
This property features: Retail property leased to an investment‑grade tenant with an S&P: BBB rating; Corporate guarantee provided by Dollar General Corp. (NYSE: DG)
More about this property
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